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CNBC
May 17, 2013 9:00am EDT
in that one stock. and the house ways and means committee on the irs scandal is getting under way. among those set to testify is steven miller who was ousted as a acting commissioner days ago and the treasury inspector general. we have more from capitol hill, and what we can expect from this important hearing? >> that is right, david. it is an important hearing and our chance to hear from steven miller who was the director of the irs who was dumped by this week. and also we will hear from the inspector general who wrote the report that said that the irs had been politically targeting specific tea party and other groups for specific unnecessary criticism and skepticism about the tax-exempt status. this is what russell george said. the irs used inappropriate criteria that identified for review tea party and other organizations applying for tax exempt at the status based upon their names or policy politicians instead of indications of potential political campaign intervention. this says that they were targeting groups op purpose and not comparing other liberal groups to the same scru
CNBC
May 16, 2013 9:00am EDT
archrival circuit city. >>> president obama expected to face questions about the irs scandal at a news conference soon to begin less than two hours from now. this after the ouster of the agency's acting commissione eco. >> reporter: the dramatic moment yesterday. the president took to the east room of the white house to anoun the ouster of the acting director of the irs in the wake of this burgeoning scandal that threatens to derail the president's political agenda here in the early going of his second term. president got a little bit emotional expressing his frustration an anger at the situation. >> the misconduct that it uncovered is inexcusable. it is inexcusable and it is right to be angry about itnd a i am angry about it. i will not tolerate this kind of behavior in any agency but especially in the irs, given the power that it has and the reach that it has in all of our lives. >> reporter: but i've got to tell you, the tea party an conservative groups are up on capitol hill this morning holding a press conference, a fairly angry press conference expressing their frustration with w
CNBC
May 13, 2013 9:00am EDT
11:15 with british prime minister cameron. we have the irs story which continues to get headway today. retail sales were okay as we know and nothing dramatic out of the communique which has the yen fall even farther today. >> one of my late 14s was targeted by the irs. that was the beginning of when you realized how dirty nixon really was. it was just a horrendous. enwhether the press could have been accountable. >> one reporter fromhe. and one reporter from the british side will get a question and we'll see if it hits that way, here is the q and a and the s&p 500. textainer, and the analyst meeting and over at the nasdaq, western life insurance company headquartered in austin, texas. we have an interesting note out of morgan stanley today. michael kors being added to their best idea list. >> it is so weather-related. pvh has come back strong from what was considered to be a disappointing quarter. underarmour is braking out and lululemon, a total battle ground stock and that's done well. if it's expensive it's working. >> what does that mean? >> not the stock. >> you're not talk
CNBC
May 14, 2013 9:00am EDT
exactly happened in all of this. >> between that, the irs all front page stories. >> it's really a weird week in washington. >> when we come back, the ceo of aereo will join us on cnbc and talk about their plans to expand to two new cities in the united states. buzz what does he think about the controversy surrounding his company? we're back after a quick break. [ male announcer ] at optionsxpress, our clients really appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. [ male announcer ] open an account and get a $150 amazon.com gift card. call 1-888-280-0149 now. optionsxpress by charles schwab. since aflac is helping with his expenses while he can't work, he can focus on his recovery. he doesn't have to worry so much about his mortg
CNBC
May 15, 2013 9:00am EDT
joke. they think our government is a big joke. >> that's true. >> fbi launches probe of the irs. i mean, that is -- what a nutty headline. >> that's very nixonlike, but i do think google is a gem. i think people do not appreciate that this is the kind of company that you want to be an american company. >> we'll get jim's mad dash after a short break. do not go away. hey, so uh... what's going on here? do you want the long or short answer? long i guess. chevy is having a big...huge, in fact...event. the-great-deals-on-our-most- fuel-efficient-lineup-ever- for-just-a-very-short-time-so- you-better-hurry-extravaganza! so what's the short answer? awesome. [ male announcer ] the chevy memorial day sale. now, combine current offers for a total cash allowance of $2,500 on a 2013 chevy malibu. offer ends june 3rd! investors could lose tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for, like a hidden fee in your giant mom bag? maybe i have them... oh that's right i don't because i rolled my account over to e-trade where... woah. okay... they don't h
CNBC
May 20, 2013 9:00am EDT
washington lawmakers are preparing for the second week of hearings by the irs. how can you tell if the irs is targeting you? >> cnbc's jackie deangeles has more on a very interesting question. >> good morning, simon. in the wake of this irs scandal many americans are asking just that question. is the irs targeting them in any particular way? as it turns out they just might be and that's for an audit and something many americans have come to dread. the concept of irs odd its is not new, but how they might be trying to uncover tax evasion now seems to be changing a little bit. >> for example, they're looking to online and social media to help them zone in on targets. online conversations about non-payment or underpayment of taxes, could, of course, trigger a red flag and there are also cases when you may buy or sell something online and declare a different value on your concern. they being also find that. other cases where people claim non-cash reductions. so if you deduct cash or clothes and the deduction isn't reasonable it could trigger an audit and there are those who are self-em
Search Results 0 to 5 of about 6